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JPMorgan launches in-house chatbot as AI-based research analyst, FT reports

Channel News Asia LogoChannel News Asia2h ago

JPMorgan launches in-house chatbot as AI-based research analyst, FT reports - Channel News Asia

Quick Summary:

JPMorgan Chase has begun rolling out a generative artificial intelligence (AI) product, telling employees that its own version of OpenAI's ChatGPT can do the work of a research analyst, the Financial Times reported on Friday.

FILE PHOTO: JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023.

The lender, the biggest in the United States, has given employees of its asset and wealth management division access to a large language model called LLM Suite, that helps them with writing, idea generation and summarising documents, the report said, citing an internal memo seen by FT.


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Category: EconomyBusiness

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 12:52:48 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 215 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21780659

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

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News Last Updated: 1 hours ago

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Publisher ID: #27

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